Many projects are dead? - page 18. | Bitcointalksearch.org

sleepless

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“Crypto Depository Receipts”

Quote from: yesyoupump on November 19, 2018, 06:52:45 AM

Quote from: airdrophunter on November 18, 2018, 05:50:32 AM

Garbage projects are really polluting the cryptoworld and staining its image especially if these projects are just scams. Some projects could not make it reach its target capital during the crowdfunding which can also be the reason for the project to stop.

I think that with numbers that we see during an ICO, a real project can survive for years.
The real problem is that many projects are created to scam people and not issue anything.

In 2017, there were a lot of fraudulent projects, but you could also make good money on them, because there was a cryptocurrency HYIP, and now even excellent projects cannot collect a cap.

yingfeng

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Yes, many projects are dead. Many teams decided to keep Eth coins after collecting at the ICO. These teams needed Fiat to develop their product, but they decided to earn more Fiat by holding coins. Now these teams have no means to develop their product.

yesyoupump

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Quote from: airdrophunter on November 18, 2018, 05:50:32 AM

Garbage projects are really polluting the cryptoworld and staining its image especially if these projects are just scams. Some projects could not make it reach its target capital during the crowdfunding which can also be the reason for the project to stop.

I think that with numbers that we see during an ICO, a real project can survive for years.
The real problem is that many projects are created to scam people and not issue anything.

Anicasalar

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Quote from: daoquanghuan on July 02, 2018, 01:12:04 AM

Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?

Most of projects are dead and it makes me completely terrible, because at this stage future seems competely unclear for the whole market.

airdrophunter

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The Exchange for EOS Community

Garbage projects are really polluting the cryptoworld and staining its image especially if these projects are just scams. Some projects could not make it reach its target capital during the crowdfunding which can also be the reason for the project to stop.

yesyoupump

member

Activity: 308

Merit: 13

Quote from: Febriana98 on November 17, 2018, 07:45:32 PM

that's natural selection, all ICO projects that die are those that cannot provide the best to potential investors.. every year there are thousands of ICO projects that die and every year thousands of potential ICOs will emerge.

I think that it is not a matter of natural selection but of transparency.
Who dont want to develop own projects after collecting milion of dollars is not acting trustless and he's scamming

heritage35

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Quote from: daoquanghuan on July 02, 2018, 01:12:04 AM

Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?

Projects are dying, because they have no impact to make in the crypto space. They are just to make profit and then leave. Which is why we need to be careful before making any investment.

Febriana98

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that's natural selection, all ICO projects that die are those that cannot provide the best to potential investors.. every year there are thousands of ICO projects that die and every year thousands of potential ICOs will emerge.

mbluxs

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Quote from: daoquanghuan on July 02, 2018, 01:12:04 AM

Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?

so far I still believe in the projects that I have, sometimes also have fear if this is just fraud but I just want to think positively whatever the outcome I am ready to accept it

goolesby

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Gistcoin

Currently, we can see so many projects are growing. However, not all of them are legit enough. SOme are failed, some are scams, and some are dead. It will depend on the team and concept that they offer. Some coins still make very interesting term for investing. But, if there are so many dead projects, we may feel worried about it. Just be more careful again in order to invest the ICO or projects.

cryptolord2077

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The market is naturally cleared of projects that blockchain is needed only for fundraising, or unnecessary at all. According to statistics, the blockchain needs only 25% of all projects. There are a lot of projects on the market that will die soon.

CoinCollect

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Many projects have died and many will die until the hype with cryptocurrencies finally dies down and the market becomes more stable.

virtual_miner

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Quote from: TastyChillySauce00 on November 17, 2018, 05:51:06 PM

Quote from: Nolimitz84 on November 17, 2018, 03:53:24 PM

It is too early to talk about the death of projects.Most are currently focused on development.It is impossible to build a digital world in 1 or 2 years.I agree that there are projects that just raised money and sit do doing nothing.These are the projects that will disappear in the near future.The remaining 100% will give X.Personally, I believe in the success of those coins in which I invested.

That's quite right actually, sometimes a project after raising money went passive in terms of marketing and making people have less attention but people already assumming that the project is dead while it's actually still in a development stage.
However, there's also plenty that really failed and dying atleast.

If the project as you are saying, I evaluate it to the scam project. Because of the fact that the project team knows this, they still call for money from investors and do not inform or seek to change that failure.

dead_m92

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Probably 80% of all the projects that are on the market are dead already, this is something that is a non-stop, since they all are being affected by the heavy bearish market.

This is not something new by the way, it happened a lot of times before, it is not because of this crash, it is always being the same in here.

Quote from: daoquanghuan on July 02, 2018, 01:12:04 AM

Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?

cotton ball

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Quote from: daporivera on November 17, 2018, 05:35:02 PM

Yeah, of course. I totally agree with you on that. Some project failed as a result of the market condition while others where not even ready for an ICO Launch. A very good percentage of the dead project were outright scam project, you can't expect anything good from a scam project.

For new projects, they must already know the market conditions and have prepared the worst possibility that will occur during ICO sales, but it is regrettable that they are still issuing the ICO while they already know their sales will be very bad, therefore we are required to be smarter again in choosing which projects we will follow because all ICOs will have a bad price.

TastyChillySauce00

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Leading Crypto Sports Betting & Casino Platform

Quote from: Nolimitz84 on November 17, 2018, 03:53:24 PM

It is too early to talk about the death of projects.Most are currently focused on development.It is impossible to build a digital world in 1 or 2 years.I agree that there are projects that just raised money and sit do doing nothing.These are the projects that will disappear in the near future.The remaining 100% will give X.Personally, I believe in the success of those coins in which I invested.

That's quite right actually, sometimes a project after raising money went passive in terms of marketing and making people have less attention but people already assumming that the project is dead while it's actually still in a development stage.
However, there's also plenty that really failed and dying atleast.

daporivera

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Yeah, of course. I totally agree with you on that. Some project failed as a result of the market condition while others where not even ready for an ICO Launch. A very good percentage of the dead project were outright scam project, you can't expect anything good from a scam project.

Juniness

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Quote from: daoquanghuan on July 02, 2018, 01:12:04 AM

Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?

But now, when the market falls , many projects simply fell very strongly and I highly doubt that they will recover , even with the large stock exchanges and remove like in appearance good projects but they are removed

Nolimitz84

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It is too early to talk about the death of projects.Most are currently focused on development.It is impossible to build a digital world in 1 or 2 years.I agree that there are projects that just raised money and sit do doing nothing.These are the projects that will disappear in the near future.The remaining 100% will give X.Personally, I believe in the success of those coins in which I invested.

inesterdd

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Unfortunately, the majority of developers have thrown their projects. Now there is such a period of time that only anonymous coins and platforms with their blockchain platform will survive. It's too early to talk about it, time will tell! Roll Eyes

Topic: Many projects are dead? - page 18. (Read 11973 times)